Arunima Sinha, the Indian mountaineer who became the world’s first woman amputee to climb Mount Everest in 2013, has been awarded an honorary doctorate by a prestigious UK university for her inspirational achievements. Ms Sinha, 30, was conferred with the honorary doctorate by the University of Strathclyde at a graduation ceremony in Glasgow. She was honoured in the Barony Hall for her inspirational achievements in mountaineering. |
| Source- NDTV News |
The Reserve Bank has liberalised the norms governing foreign borrowings for infrastructure creation “in consultation with the Government”. As per the notification, the minimum average maturity requirement for ECBs (external commercial borrowings) in the infrastructure space raised by eligible borrowers has been reduced to three years from earlier five years. Additionally, the average maturity requirement for mandatory hedging has been reduced to five years from earlier ten years. The move comes amid concerns surrounding the availability of funds following a liquidity squeeze and the difficulties being faced by non-bank lenders, especially those facing asset liability issues due to heavy reliance on short-term funding for long-term assets. |
| Source- The Hindu Business Line |
Indian Army inducted new artillery guns and equipment, including K9 Vajra and M777 howitzers, at Deolali artillery centre in Nashik, Maharashtra. The induction ceremony took place in the presence of Defence Minister Nirmala Sitharaman and Army chief General Bipin Rawat. Besides, M777 American Ultra Light Howitzers and the K-9 Vajra, the third gun system inducted is the ‘Composite Gun Towing Vehicle’ for towing some of the existing guns in service with the country. |
| About The Guns: The guns have a range of 30 km and can be moved to the desired location using helicopters and service aircraft. The M777 is currently operational in Australia, Canada, and Saudi Arabia and has also been deployed in the war in Afghanistan. The K9 Vajra has been assembled in Larsen & Toubro and will also be produced by L&T for the Indian Army. |
| Source- Times Now |
India and Singapore have started the 25th edition of SIMBEX (Singapore-India Maritime Bilateral Exercise) off Andaman Sea and Bay of Bengal. According to the Defence Ministry, SIMBEX 2018 will be the “largest since 1994 in terms of scale and complexity”. The initial harbour phase will be held at Port Blair followed by Sea Phase in the Andaman Sea. |
| Source- ANI News |
World Science Day for Peace and Development is celebrated every year on 10 November. The theme for 2018 is “Science, a Human Right”. The day highlights the significant role of science in society and the need to engage the wider public in debates on emerging scientific issues. The day was proclaimed by UNESCO in 2001. |
| Source: The United Nations |
Unemployment rate in the country rose to 6.9% in October, the highest in two years, according to a report by the Centre for Monitoring Indian Economy (CMIE). The estimated number of people employed during October 2018 was 397 million. This was 2.4% lower than the rate in October 2017. Around 407 million individuals were estimated to be employed during the same period in 2017. Only 39.5% of the adult population was employed in October 2018. |
| Source- The Moneycontrol |
The Meghalaya Government announced Rs378 crore investment in the second phase of the State’s flagship aquaculture mission aimed at cutting down fish imports into the hill State. The mission — Meghalaya State Aqua Mission 2.0 — was announced by Fisheries Minister Comingone Ymbon at the 5th state aqua festival held in Shillong at the U Soso Tham auditorium premises. The Meghalaya State Aqua Mission 1.0 has also increased production of fries from 0.9 million in 2012 to 9.69 million in 2017 to meet market demand. |
| Source- Press Information Bureau (PIB) |
Ayodhya Deepostav 2018, an event organised to mark Diwali celebrations in Ayodhya town – has entered Guinness Book of World Records. A Guinness certificate was issued to UP government’s tourism department and Dr Ram Manohar Lohia (RML) Avadh University, Faizabad, when over three lakh clay lamps were illuminated at Ram Ki Paidi on Chhoti Diwali as part of Deepotsava. Uttar Pradesh Chief Minister Yogi Adityanath had also announced that Faizabad district will now be known as Ayodhya. |
| Source- The Indian Express |
The newly-built Ekana International Stadium of Lucknow was renamed after former Prime Minister Atal Bihari Vajpayee. The stadium will now be known as ‘Bharat Ratna Atal Bihari Vajpayee International Cricket Stadium’. The stadium was renamed just ahead of the first-ever international cricket match – the T20 International between India and West Indies. The city hosted its first international match at the stadium when India played against West Indies in the second T20 International match. |
| Source- Hindustan Times |
The Central and Andhra Pradesh governments and the World Bank have signed the loan agreement for a $172.20 million project to enhance agricultural productivity, profitability, and climate resilience of poor and marginalized farmers in Andhra Pradesh. The projects seek to ensure that farming continues to remain a financially viable activity. The Andhra Pradesh Integrated Irrigation and Agriculture Transformation Project (APIIATP) will be implemented in rural areas largely dependent upon rain-fed agriculture. |
| Source- The Hindu Business Line |
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